RE:RE:RE:ACB Looking to Upstage WEED For Industry Supremacy?Tim, for cash I would agree it would be stupid. For shares it is clearly accretive. More so for ACB but also for Canopy at 100m shares as you said.
For Canopy your diluting by almost 50% but gaining about 60% in revenues. You are getting a second ticket in the Germany lottery, and getting superior product (gentics and yield). But, and way more importantly, you mainain your Canadian dominence which flies out the window if ACB gets LEAF.
TimMcCracken wrote: Bwayne420 wrote: It says that because Bruce said he is not looking to acquire any domestic LPs
Canopy has enough infrastructure now domestically seams like they are focusing on international.
ACB will dilute it self in to irrelevance if they attempt this deal. They have minimal cash flow barely enough production compasity to feed the Yukon. I would be pissed if I were a share holder with them.
Canopy dose not need to pay the inflated price for an LP. Think about what it cost them to buy the BC green houses and convert?
I agree with you Bwayne.
I would not be happy if CGC bought them ... it would cost approximately 100,000,000 shares or a 50.25% dilution and a 46.08% dilution on a fully dilutive basis ... this is crazy.
To put it into presepective the all time high market cap of $8.448b (@$44/ share) would be equivalent to $28.16 ... a move like that would cause way too much short and medium term downward pressure.